SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates RFL, FCCY, RBNC, GPX; Shareholders are Encouraged to Contact the Firm
NEW YORK, July 27, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies:
Rafael Holdings, Inc. (NYSE: RFL) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its merger with Rafael Pharmaceuticals, Inc. ("Pharma"). In connection with the proposed merger, Pharma shareholders will receive Holdings Class B common stock amounting to approximately 48% of the currently outstanding capitalization of the company. Additional equity in the company is expected to be issued in connection with anticipated financing and employment agreements, which will reduce the foregoing percentage proportionately. If you are a Holdings shareholder, click here to learn more about your rights and options.
1st Constitution Bancorp (NASDAQ: FCCY) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Lakeland Bancorp, Inc. Under the terms of the merger agreement, 1st Constitution shareholders will receive 1.3577 shares of Lakeland stock for each 1st Constitution share that they own. If you are a 1st Constitution shareholder, click here to learn more about your rights and options.
Reliant Bancorp, Inc. (NASDAQ: RBNC) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to United Community Banks, Inc. Under the terms of the merger agreement, Reliant shareholders will receive 0.9842 shares of United common stock for each share of Reliant common stock outstanding. If you are a Reliant shareholder, click here to learn more about your rights and options.
GP Strategies Corporation (NYSE: GPX) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Learning Technologies Group for $20.85 per share in cash. If you are a GP Strategies shareholder, click here to learn more about your rights and options.
Halper Sadeh LLP may seek increased consideration, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email sadeh@halpersadeh.com or zhalper@halpersadeh.com.
Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Halper Sadeh LLP
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
sadeh@halpersadeh.com
zhalper@halpersadeh.com
https://www.halpersadeh.com
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SOURCE Halper Sadeh LLP
